1.
How does the process work?
Your bank accepts customer checks and deposits them in your bank
account. Your customers check bounces. Your bank sends the returned
checks directly to NSF Pursuit for recovery. NSF Pursuit
electronically debits the checkwriter's account for the amount
of the check plus a check recovery fee. You receive 100% of the
face amount. The recovery costs you nothing!
2.
Is there a set up charge?
No there is NO set up charge. We do not charge maintenance
fees, monthly minimums or have any other hidden fees as with other
companies. We feel that you should not pay to open an account.
3.
How much does your service cost?
It's totally FREE!
4.
When and how fast do I receive my money?
You receive the actual money in about a week. All NSF checks collected
are paid weekly.
5.
How do banks react to this method of collection?
Since paper and electronic drafts are perfectly legal your bank
must accept the drafts and the deposit.
6.
Can companies out side of the U.S. use this program?
At the present time most countries do not have banking guidelines
in place for the online check payments or bank drafts. We recommend
using our program for processing checks for banks in the USA and
its possessions. We only collect NSF in these areas. We have heard
of other countries with banking regulations in place but we make
no guarantees as to it! We only work with US Banks.
